The Real Minimum Wage Is Always Zero

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psk836
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The Real Minimum Wage Is Always Zero

Post by psk836 » Mon Apr 29, 2024 9:02 am

https://www.washingtontimes.com/news/20 ... um-wage-g/

“In response to recent minimum wage increases in California, fast food restaurants across the state are shifting to automation to get rid of wage-earning humans.“
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Chester Cheesewright
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Re: The Real Minimum Wage Is Always Zero

Post by Chester Cheesewright » Mon Apr 29, 2024 10:25 am

psk836 wrote:
Mon Apr 29, 2024 9:02 am
https://www.washingtontimes.com/news/20 ... um-wage-g/

“In response to recent minimum wage increases in California, fast food restaurants across the state are shifting to automation to get rid of wage-earning humans.“
► Republican dogma
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psk836
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Re: The Real Minimum Wage Is Always Zero

Post by psk836 » Mon Apr 29, 2024 10:28 am

California reality.
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Chester Cheesewright
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Re: The Real Minimum Wage Is Always Zero

Post by Chester Cheesewright » Mon Apr 29, 2024 10:34 am

psk836 wrote:
Mon Apr 29, 2024 10:28 am
California reality.
► If you pull the floor from under employees wages , all their wages will drop
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psk836
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Re: The Real Minimum Wage Is Always Zero

Post by psk836 » Mon Apr 29, 2024 10:52 am

Chester Cheesewright wrote:
Mon Apr 29, 2024 10:34 am
psk836 wrote:
Mon Apr 29, 2024 10:28 am
California reality.
► If you pull the floor from under employees wages , all their wages will drop
And if you flood the economy with 15 million unskilled laborers, all American wages will plummet to Third World levels.

And if you then create an artificial wage floor then employers will simply take the REAL total wages it is willing to pay and spread it across fewer workers at your artificial rate.
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Chester Cheesewright
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Re: The Real Minimum Wage Is Always Zero

Post by Chester Cheesewright » Mon Apr 29, 2024 12:26 pm

psk836 wrote:
Mon Apr 29, 2024 10:52 am
Chester Cheesewright wrote:
Mon Apr 29, 2024 10:34 am
psk836 wrote:
Mon Apr 29, 2024 10:28 am
California reality.
► If you pull the floor from under employees wages , all their wages will drop
And if you flood the economy with 15 million unskilled laborers, all American wages will plummet to Third World levels.

And if you then create an artificial wage floor then employers will simply take the REAL total wages it is willing to pay and spread it across fewer workers at your artificial rate.
► I think most first world economies have a minimum wage
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brookboy123
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Re: The Real Minimum Wage Is Always Zero

Post by brookboy123 » Tue Apr 30, 2024 8:01 am

psk836 wrote:
Mon Apr 29, 2024 9:02 am
https://www.washingtontimes.com/news/20 ... um-wage-g/

“In response to recent minimum wage increases in California, fast food restaurants across the state are shifting to automation to get rid of wage-earning humans.“
REGULATED capitalism is the best economic system.

Minimum wage laws are necessary.

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pete
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Re: The Real Minimum Wage Is Always Zero

Post by pete » Tue Apr 30, 2024 8:04 am

Yes it's better to have a handful of people making a "minimum wage" than a bunch making a fair wage. I'm sure you hippies are right
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MiltantCentrist
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Re: The Real Minimum Wage Is Always Zero

Post by MiltantCentrist » Tue Apr 30, 2024 8:07 am

Republicans say zero is a "fair wage".

:lo2l:
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Chester Cheesewright
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Re: The Real Minimum Wage Is Always Zero

Post by Chester Cheesewright » Tue Apr 30, 2024 8:12 am

pete wrote:
Tue Apr 30, 2024 8:04 am
Yes it's better to have a handful of people making a "minimum wage" than a bunch making a fair wage. I'm sure you hippies are right
► Nobody has defined “fair” yet.

How do we know what that is?
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